Susan Canning Sells 3,500 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) SVP Susan Canning sold 3,500 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total transaction of $44,940.00. Following the transaction, the senior vice president owned 167,911 shares in the company, valued at approximately $2,155,977.24. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hayward Stock Up 0.9%

Shares of NYSE HAYW opened at $13.01 on Friday. Hayward Holdings, Inc. has a 12-month low of $12.63 and a 12-month high of $17.73. The stock’s fifty day simple moving average is $14.48 and its two-hundred day simple moving average is $14.61. The stock has a market capitalization of $2.76 billion, a PE ratio of 17.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.10. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The firm had revenue of $318.38 million during the quarter, compared to analyst estimates of $303.35 million. During the same quarter in the previous year, the business posted $0.24 EPS. Hayward’s revenue was up 6.3% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, analysts expect that Hayward Holdings, Inc. will post 0.87 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HAYW shares. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Wolfe Research began coverage on shares of Hayward in a research note on Tuesday. They issued a “peer perform” rating for the company. Weiss Ratings downgraded shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $17.50.

Institutional Investors Weigh In On Hayward

Several hedge funds have recently added to or reduced their stakes in HAYW. BlackRock Inc. acquired a new position in shares of Hayward in the 2nd quarter valued at about $422,455,000. Fiduciary Management Inc. WI raised its position in Hayward by 13.2% during the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock valued at $140,438,000 after acquiring an additional 1,063,380 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Hayward by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock valued at $99,726,000 after acquiring an additional 761,145 shares during the period. Jennison Associates LLC boosted its position in Hayward by 1.9% in the 1st quarter. Jennison Associates LLC now owns 4,798,842 shares of the company’s stock worth $64,209,000 after purchasing an additional 90,733 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Hayward by 25.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,975,392 shares of the company’s stock worth $39,811,000 after purchasing an additional 605,743 shares during the period.

About Hayward

Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.

The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.

Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.